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RE: Steem Debates: Delegation - Helping The Rich Get Richer?
Interesting point of view, which I had never really considered...
Can you elaborate a bit more please. How does a delegation (or group of delegations) effect your potential investment?
Let's say for instance you buy 100k Steem, how would you want to use that and how will delegation stop or hinder you?
PS: Thanks very much for your contribution to this article, I highly appreciate your comments and any subsequent feedback.
I can answer your question. In last week I was discussing with another steemian about my plan to invest 200 USD. He just told me that if u r investing 200 USD then consider that the worth is 66 percent. I asked why? He replied-- because 33 percent of supply are ninja mining token held by steemit and that can very well be used by others in the for of delegation. Then I finally I dropped the idea of investment in Steem.
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Yes, but you're not buying that Steem from Steemit's supply, you are buying it from an exchange. The premined Steem has been given out and mainly sold by now.
Cg